Grede Recognized by Meritor, Inc. with 2014 Supplier Partner Award

March 9, 2015 | By Business Wire News

TROY, Mich.

Grede’s Novocast facility based in Monterrey, Mexico, was one of 16 North American companies to receive a 2014 Supplier Partner Award – Foundry Supplier of the Year from Meritor, Inc. (NYSE: MTOR) for achieving excellence in meeting Meritor’s objectives in the areas of quality, delivery, cost savings and innovation. Grede is the world’s largest independent ductile iron foundry and a leading provider of gray and specialty iron castings for transportation and industrial markets.

From left to right: Kris Tewkesbury – Sr. Director Procurement, Meritor Daniela Martinez – Director of Purchasing, Meritor Raul Lopez – Managing Director, Grede de Mexico Alejandro Perez – Senior Account Manager, Grede de Mexico Vito J. Parente – Vice President Heavy Truck Sales, Grede Holdings LLC Rob Speed – Vice President and Chief Procurement Officer, Meritor Ben Laurin – Sr. Buyer, Meritor (Photo: Business Wire)

Meritor, a leading global supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets, recognized Grede and other top suppliers at an award ceremony Feb. 25 at Meritor headquarters in Troy, Michigan.

“We are extremely honored to receive this award as a reflection of Grede’s hard work and commitment to exceed customer expectations every day,” said Raul Lopez, managing director, Grede de Mexico. “We appreciate Meritor as a valued customer and look forward to continuing and expanding our successful collaboration.”

According to Rob Speed, vice president and chief procurement officer for Meritor, “The 16 suppliers we honored with Supplier Partner Awards exemplify excellence, and their performance strengthens our mutual businesses by delivering innovative, quality products to OEMs and end-users on time and within cost parameters.”

About Grede Holdings LLC

Grede Holdings LLC, a MPG Inc. company (NYSE: MPG), was formed in 2010 through the combination of assets of the former Grede Foundries, Inc., Blackhawk Foundry (USA), and Citation Corporation. With estimated annual revenues exceeding $1 billion, the Grede legacy dates to 1920 when William J. Grede founded Grede Foundries, Inc. with an iron foundry in Wauwatosa, Wisconsin. With headquarters in Southfield, Michigan, the company specializes in high quality ductile, gray and specialty iron castings, including lost foam and high silicon molybdenum applications. Grede Holdings LLC has 4,600 employees and operates 13 foundries and three machining operations in North America serving the transportation and industrial markets globally.

Metaldyne Performance Group Inc. Cautionary Note Regarding Forward-Looking Statements

This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as “expects,” “intends,” “anticipates,” “plans,” “believes,” “seeks,” “estimates,” “will” or words of similar meaning and include, but are not limited to, statements regarding the outlook for MPG’s future business and financial performance. Forward-looking statements are based on management’s current expectations and assumptions, which are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Actual outcomes and results may differ materially due to global political, economic, business, competitive, market, regulatory and other factors and risks, including those described under the heading “Risk Factors” in our filings that we make from time to time with the Securities and Exchange Commission. MPG undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events, except as otherwise may be required by law.